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Re: None

Monday, 01/27/2020 9:50:04 AM

Monday, January 27, 2020 9:50:04 AM

Post# of 239
Quick DD summary, I've spent many hours over the past 2 years or so doing DD on this but never really had any luck determining on what the direction for it was.

-It was a Eastern European owned, new issue, shell company.

-October 2017 traded the first shares, but was VERY thinly traded

-Later in October 2017 Jian Han Chen and his brother Chun Hao Chen acquired a 54% controlling stake in the shell for $350K, a very high price to pay for such a small ownership %.

-Not much info on the CEO out there that I could find, but his brother was the managing Director of Aria Standard Holdings, a MMJ investment company. A few days before they acquired the GHHH shell, Chun Hao sold Aria Standard for several million dollars to New Pride Corporation, a Korean KOSDAQ listed company, that was starting a new US based cannabis division.

http://newpridecorporation.com/

http://www.asiae.co.kr/news/view.htm?idxno=2017101009182094168

A New Pride subsidiary called NP Pharm LLC was incorporated in California and Nevada, by Chun Hao Chen, to hold the cannabis assets that they were acquiring in the US.

https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=201812910064-24846476

https://opencorporates.com/companies/us_nv/E0399872017-6

- Jan 2018 they changed the name of the shell to Global House Holdings, and did a 20:1 f/s however the stock was and is still very thinly traded. Have not counted exactly how many shares have traded since Oct 2017, but it's not many.

- No direction or updates for the company was ever provided, other than the name change

- Company went dark for many months

- Now back filing again

That about sums it up, it has a higher o/s and float, but the rare times it does trade, it moves very fast as there are only 200K shares held at DTC. I would not be surprised if the vast majority of the float is held by foreign investors in name only, and is unlikely to ever hit the market.

Perhaps we will FINALLY see some updates on this now they are filing again, I would like to think that they did not spend $350K on a new issue shell for nothing.....but then again who knows...stranger things have happened.
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